GOLD MCX HOURLY CHART & LEVELS
GOLD AUGUST MCX can face some correction today Immedite support @27420 and Immediate Resistance @27745. Due to Increase in Import Duty GOLD MCX has
raised from 2% to 8% and Hence GOLD MCX looks bullish for today. Strategy to buy on Dips.
1. Buy GOLD MCX around 27450 TGTS 27550/27650 SL 27300
2. Sell GOLD MCX on Rise 27750 TGTS 27650 /26550 SL 27850
SILVER MCX HOURLY CHART 7 LEVELS
SILVER MCX is trading in a tight range and Strategy should be to buy on dips and sell on Rise. As seen on the chart above we can see SILVER MCX is trading between
Classical technical pattern.
1. Buy SILVER MCX below 44700 TGT 44800/45000 SL 44600
2. Sell SILVER MCX below 43950 TGT 43650/43350 SL 44150 (SWING CALL)
CRUDEOIL MCX HOURLY CHART & LEVELS
CRUDEOIL MCX is making lower lows and taking resistance @5380-5390. If sustains above 5400 can head towards higher levels @5450 and @5490
1. Sell CRUDEOIL MCX below 5270 TGT 5245/5200 SL 5305
2. Buy CRUDEOIL MCX above 5405 TGT 5450/5490 SL 5355
COPPER COMEX DAILY CANDLESTICK CHART
COPPER MCX looks bullish, avoide any short position. Strategy Should be to buy on Dips till it Reseaches 430-432. Refer to the Chart Above.
1. Buy COPPER MCX around @420 TGTS 424/426 SL 418 (SWING CALL)
2. Sell COPPER MCX below 416 TGT 414/411 SL 418
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